Aetna Earnings Per Share Jump 63%
The company reported earnings per share of $1.19, up from 73 cents per share a year earlier, Aetna said in a statement.
"Aetna's third-quarter results reinforce our significant performance improvement in 2010 after an unusually weak 2009," said CEO Ronald A. Williams. "Our strong operating results were driven by a reduction in utilization of health care services after the surge we saw in 2009, combined with appropriate pricing and effective medical quality and cost management."
The company forecast full-year operating earnings of $3.60 per share.